Did you jump ship too early?? if you did then look at all the posts in the past 55 days of the followers you follow the so called pro crypto analysts, you will note that every post is in sync with the market dynamics, no one can predict the market, the only lesson you should have learned is that you did not DYOR, if you did and stuck with your plan you know where you stand today...
You are constantly watching your trade, you feel a possible loss coming, sounds like you put in a future trade waiting to make money, if you set a trade long or short and loose sleep over it, means your risking your investment, do not leverage high do not buy all in, #DCAStrategy #RiskControl small buy in lower leverage check your liquidation will it cover a possible dooms day are you willing to accept that loss, call a loss when you see no way out, your not the first and you will never be alone, trade with zero emotion #DYORAlways watch the posts of the influencers you believe in ever notice how they switch sides with the market, they are not your saviours the only one that can make it happen is you.
Seems like everyone is holding a crystalball, and then there are those who would boast about calling a price target and it clicks so now all of a sudden they are the market gurus???
#DYORAlways most fortune tellers copy and pasted the info from one source or another. Take info with a clear mindset that nothing is what it seems.
Stop betting on that one crypto that will #100xcrypto Putting all your eggs in one basket is bad risk management. Spreading your capital in various #TokenInvesting based on their technological adoption and growth in their ecosystem is a better option. A diverse portfolio will have better chances of overall . Not financial advise #DYORAlways
The only truth you will find is in the chart movements, go with the flow, small margins, dont be greedy, it all adds up, dont cowboy trade, a simple in and out exit strategy with small margins is always better then a loss on your account. If you read the posts, all of a sudden everyone is an expert and you start reflecting on your own thoughts, stick with a safe trading plan, no matter how small the gains are, its money in the bag. The market is presenting has some good swings up or down. Enjoy and trade safely, this is not financial advise.
Think for a minute before you start believing all the content published, look at the post timeline, roll back in the charts and see the correlation, what is published does not necessarily serve your interest. Bulls or Bears everyone has a motive. When you decide to make a move make a move on your own analysis, and if you must trust a source back test their analysis to see if it matches. we are too quick to jump on the bus. The only person accountable is yourself. #learn2earn #analyse #Knowledge
Candles tell you alot but did you know there many types of candles #dyor ride the wave scalping is fun but without the proper tools the risk is high #HeikinAshiMagic lookup Heikin Ashi candles another perspective.
How often do you trade ? It depends on the movement, but everyone has a rule, make a rule with what makes you comfortable, just because you made profit does not mean that you should continue trading and the opposite is true. Set yourself a cool off period win or loose #TradingAdvice mount everest was not summitted in a day. Gather your #thoughts #analise #charts #StrategicMoves are best backtested before you dive in.
Its easy to be influenced by the #NewsofCrypto you want to hear, a post that had a graphic that caught your attention or perhaps that token name that is engraved in your thoughts.
Ask yourself this? which will benefit me more? reading those posts about sentiments and feelings that your beloved token is going to the moon? or will you spend the time to learn more about trading and information about analysis tools such as the #Bollingerbands and #RSI . DYOR learn the game learn everything and make your decisions for at the end of the day, win or loose, is another lesson ahead of ignorance.
So like many others you got hyped about the ETF, the day came and your wondering all that hype and nothing for show? So what really happened?
The news was sold, the market moved, you sat back and waited for that train passing you by.
The climax was there all a long, silently beneath you, as it climbed and yet you watched that screen for that glimmer of light not knowing that it was there all a long.
What did we learn?
Next time step back look at the bigger picture to avoid opportunities passing you by.
Knowledge is key to all your decision making, we all have the urge to fall to the FOMO trap as well as the FUD...heck a few years back I did not even know what those acronyms meant...everything comes and goes, knowledge and experience will always remain.
This is my first baby step into sharing on this space.